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Nov 30, 2012
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as expected, initial unemployment claims surged after hurricane sandy devastated parts of the northeast. but today's numbers, from the department of labor, show the second straight week of decline. evidence of steady improvement in the labor market. the good news keeps on coming. the commerce department reports economic growth of the third quarter was actually better than first reported. the initial estimate had a gdp growth of just 2%. this morning the commerce department revised its estimates to show growth of 2.7%. that's the best gdp figure since the end of 2011 and the second best of the last three years. so things are looking up. president obama has an improving economy on his hands in spite of all the do-nothing congress that's going on in washington. anyone who still thinks that the term "do-nothing congress" is just a little too harsh, take a look at this. 906 bills were passed from january 1947 through december of 1948. by the body that president harry truman listed and labeled as the do-nothing congress. the current congress with one month to go has passed 196 bills. by far t
as expected, initial unemployment claims surged after hurricane sandy devastated parts of the northeast. but today's numbers, from the department of labor, show the second straight week of decline. evidence of steady improvement in the labor market. the good news keeps on coming. the commerce department reports economic growth of the third quarter was actually better than first reported. the initial estimate had a gdp growth of just 2%. this morning the commerce department revised its estimates...
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Nov 30, 2012
11/12
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. > a number of retailers are mentioning that hurricane sandy damaged their sales. could that benefit some consumers? > > it is going to depend on where you live. if you live on the east side or the northeast side, where you were hit by hurricane sandy, you are probably going to see some good sales on luxury items, because right now people are spending their money on home improvement, and they are spending their money on recouping the everyday stuff they lost in the hurricane. meanwhile, on the west coast, those luxury items are already being sold at a pretty steady pace right now, so you are not likely to see a lot of sales on that. but certainly there will be sales, and dependent on how the season progresses, you can expect sales like that. but you are better off on the east coast getting sales on luxury goods than you will be on the west coast. > thank you very much for that update. jen waters. > > thank you. two million toys seized so far this year, and that's before christmas. that number comes from the u.s. consumer product safety commission, along with u.s. c
. > a number of retailers are mentioning that hurricane sandy damaged their sales. could that benefit some consumers? > > it is going to depend on where you live. if you live on the east side or the northeast side, where you were hit by hurricane sandy, you are probably going to see some good sales on luxury items, because right now people are spending their money on home improvement, and they are spending their money on recouping the everyday stuff they lost in the hurricane....
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Nov 30, 2012
11/12
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CURRENT
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sandy. it's november 30, 2012 and our planet is in jeopardy i. if you haven't heard about it today. don't worry, it will be the same story tomorrow 31 [ ♪ music ♪ ] >> jennifer: many people think that climate change only threatens the future and won't effect them. try telling that to the victims of super storm sandy. it's been over a month since sandy slammed the east coast and killed 120 people in the u.s. and caused billions of dollars of damage. unless you live in one of the affected areas you probably think things are back to norm. but that's because the media is barely cleaning up the cleanup efforts. in new york city, they're living in third world conditions, raw sewage continues to flow into water ways. thousands still have no power and direct subway service is not expected to return into the middle of next year. >> we were up to five feet of water. it was not water but it was all cesspool so it was sewage water. >> how much can a body tank. >> blankets, two socks three sweaters a
sandy. it's november 30, 2012 and our planet is in jeopardy i. if you haven't heard about it today. don't worry, it will be the same story tomorrow 31 [ ♪ music ♪ ] >> jennifer: many people think that climate change only threatens the future and won't effect them. try telling that to the victims of super storm sandy. it's been over a month since sandy slammed the east coast and killed 120 people in the u.s. and caused billions of dollars of damage. unless you live in one of the...
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Nov 30, 2012
11/12
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CURRENT
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it turns out that we know not just hurricane sandy. it was a pretty big season. jack bevins is with the hurricane watch service, national hurricane center. thank you. >> we are expecting a fairly active year. it may have been in terms of the named storms a little bit more active than what we were expecting. >> and he gives us the full court. >> we get 19 main storms during the year 10 of which became hurricanes. at the present time, we know that one of these hurricanes is actually a major hurricane, category 3 or higher. >> bill: you know what's funny? i don't remember, the only one i remember is sandy. right? but 19 of them this year. have you seen more that could be related to global warming. >> the scientists tell us that there is going to be an increase because of global warming in the number and in the severity of hurricanes. now, we can't look at one hurricane event and say, this is a result of climate change, but what you can absolutely demonstrate is that climate change and global warming is leading to more hurricanes action more severe storms and as a re
it turns out that we know not just hurricane sandy. it was a pretty big season. jack bevins is with the hurricane watch service, national hurricane center. thank you. >> we are expecting a fairly active year. it may have been in terms of the named storms a little bit more active than what we were expecting. >> and he gives us the full court. >> we get 19 main storms during the year 10 of which became hurricanes. at the present time, we know that one of these hurricanes is...
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Nov 30, 2012
11/12
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have forgotten sandy. life goes on. they are over it. but we remind you as the officials were patting themselves on the we back, we know the reality, because we are familiar with this area, friends and family are there. it is not way are being told. but i have to tell you, it isn't what you have been told. if you think the crisis has passed and life is good, these folks, many of them have faced thanksgiving from hell, are now looking at the same thing for christmas. i think they deserve better. and i think our government if it is going to step up to the role of doing more should try. in the meantime, before the townhall, we had this. >>guest: you think this is a joke? a joke? you are a joke. you it is there with a smile and i thought you would do better and that is why we voted. we thought you would help the people. >>neil: i am telling you, folks, this erupted and staten island residents were not only yelling at officials but taking on president obama. >> i told president obama he lied, fema lied, they ar
have forgotten sandy. life goes on. they are over it. but we remind you as the officials were patting themselves on the we back, we know the reality, because we are familiar with this area, friends and family are there. it is not way are being told. but i have to tell you, it isn't what you have been told. if you think the crisis has passed and life is good, these folks, many of them have faced thanksgiving from hell, are now looking at the same thing for christmas. i think they deserve better....
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Nov 30, 2012
11/12
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when sandy hit, everybody lost power. the reason everything else is dark is because of the infrastructure. usually the island has all these flood lights. you can just see lady liberty there. 12 feet of storm surge down in lower manhattan, think about what that was with lady liberty by her lonesome. >> another neat thing is that lady liberty got sandblasted. when you have an opportunity to look at her, her green is different on her belly than on the top of her. >> really? >> yeah, take a look at that. she got sandblasted and cleaned in the process. there are bright spots. the people working on this, this is their passion, this is their love. they are going to do a great job. it will be open again. >> 27 minutes after the hour. mom and pop shops all over the country hanging on washington's every single move. coming up, a closer look at the fiscal cliff and how it could affect small businesses. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and
when sandy hit, everybody lost power. the reason everything else is dark is because of the infrastructure. usually the island has all these flood lights. you can just see lady liberty there. 12 feet of storm surge down in lower manhattan, think about what that was with lady liberty by her lonesome. >> another neat thing is that lady liberty got sandblasted. when you have an opportunity to look at her, her green is different on her belly than on the top of her. >> really? >>...
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Nov 30, 2012
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>> certainly i think sandy changed things. it let the president be president. >> it changed the subject from benghazi. >> i would also say this race was more of a referendum in some way on mitt romney than it was the president, and that's unusual -- >> does your side -- i know you're a true believer and i respect that. do you think -- i mean it. do you think they didn't really believe he believed? >> no, i don't think that was the problem. i think the bigger problem was two things. they never personally kented with him. they never felt this attachment and they didn't see him as -- >> personal. >> skekd of all, i think we failed middle income blue collar voters who feel we no longer understand their life, no longer are fighting daily for them, and they think what we're about are just the social issues and fighting for tax breaks for the wealthy. that's not what we're about, but we sure let that perception happen. >> my dad is a regular republican, not a right winger. he used to say the trouble with my party is they care about t
>> certainly i think sandy changed things. it let the president be president. >> it changed the subject from benghazi. >> i would also say this race was more of a referendum in some way on mitt romney than it was the president, and that's unusual -- >> does your side -- i know you're a true believer and i respect that. do you think -- i mean it. do you think they didn't really believe he believed? >> no, i don't think that was the problem. i think the bigger...
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Nov 30, 2012
11/12
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the impact super-storm sandy has had on the job market seems to be dissipating. 23,000 fewer americans filed for first-time unemployment benefits during thanksgiving week compared to a week earlier. the total was 393,000. it had jumped to over 400,000 in the weeks following the storm. still, we saw just modest gains on wall street today-- the dow rose 36 points, the nasdaq was up 20, and the s&p 500 added six. >> tom: the roster of companies announcing special one-time paydays for their shareholders continued growing today. taxes on stock dividends are currently set at 15%. but with no deal on the fiscal cliff, dividends will be taxed like regular income, meaning they could go up to over 40% for some high-income households. we spoke with larry mendelson, the chairman and c.e.o. at avionics gear maker heico, which announced its own special dividend this week. larry, thank you for joining us, we appreciate it. what role did the fiscal cliff play in heico decision to paid fiscal dividend. >> i think the fiscal cliff was very important. and moreover the threat to increase taxes in 2013, ta
the impact super-storm sandy has had on the job market seems to be dissipating. 23,000 fewer americans filed for first-time unemployment benefits during thanksgiving week compared to a week earlier. the total was 393,000. it had jumped to over 400,000 in the weeks following the storm. still, we saw just modest gains on wall street today-- the dow rose 36 points, the nasdaq was up 20, and the s&p 500 added six. >> tom: the roster of companies announcing special one-time paydays for...
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Nov 30, 2012
11/12
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FBC
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this is not sandy number 2. we can fix it. the stock market is not just the united states. take a company like coca-cola, 80% of sales outside this country and finally even if we were to go off of the cliff there are long-term benefits and a lower deficit so at the end of the david as a long-term rise in, properly diversified state of course. cheryl: japanese stocks and aig, a stock that has run up 39% over the last year despite government issues and government involvement you're sticking with a ig. want to recommend that going into a cliff discussion. >> there is nothing about sandy and recent events that would cause anyone not to renew their property and cash will policy. no matter what happens to the economy people will pay that insurance, it is the dominant provider trading 40% off of book value. the concern is government over hang but the government will get out quickly now that the election is past, once morsi 8 is off of the job the new guy is going to say now we can sell the losses on tim geithner's books and so i like aig for the long term. cheryl: whoever is the n
this is not sandy number 2. we can fix it. the stock market is not just the united states. take a company like coca-cola, 80% of sales outside this country and finally even if we were to go off of the cliff there are long-term benefits and a lower deficit so at the end of the david as a long-term rise in, properly diversified state of course. cheryl: japanese stocks and aig, a stock that has run up 39% over the last year despite government issues and government involvement you're sticking with...
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Nov 30, 2012
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the victims of super storm sandy are giving fema a real piece of their mind. listen to this. >>> you think this is a joke? >> we will go live to staten island. that is the scene of last night's heated town hall. that's coming up next. >> does it sound familiar, you are always checking your cell phone for the next text message? is it because your phone is contagious. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, children laughing ] move to the country, d live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> here's a quick look at headlines this morning. members of the senate voting yesterday to speed up troop withdrawal from afghanistan. president obama s
the victims of super storm sandy are giving fema a real piece of their mind. listen to this. >>> you think this is a joke? >> we will go live to staten island. that is the scene of last night's heated town hall. that's coming up next. >> does it sound familiar, you are always checking your cell phone for the next text message? is it because your phone is contagious. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love,...
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Nov 30, 2012
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the anonymous missouri man sought out people who had been devastated by hurricane sandy. and while he plans to hand out $100,000 in total, he says it's not about the money. it's about committing random acts of kindness. >>> speaking of random acts, this new york city police officer did something incredibly kind for a homeless veteran in need. and he did it when he thought no one else was looking. >> reporter: it was a moment of kindness captured in a photograph. an nypd officer helping an apparently homeless man. >> it was freezing. and the first thing i thought was, this is absolutely unacceptable. so i went up to him, and i was, like, where are your socks or your shoes or anything? >> reporter: the officer says he was so moved by what he saw, he went into this store to find the man a pair of shoes. >> it's kind of hard not to be inspired. again, it was a regular night. it was pretty busy, business as usual, but again, this officer kind of took the time, saw something, came in and took that extra step. >> reporter: jose was working in the skechers store at the time. news
the anonymous missouri man sought out people who had been devastated by hurricane sandy. and while he plans to hand out $100,000 in total, he says it's not about the money. it's about committing random acts of kindness. >>> speaking of random acts, this new york city police officer did something incredibly kind for a homeless veteran in need. and he did it when he thought no one else was looking. >> reporter: it was a moment of kindness captured in a photograph. an nypd officer...
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Nov 30, 2012
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he is bringing early holiday cheer to super storm sandy victims. that is ahead unless breaking news changes everything. this is "studio b." first from fox at 3:00 in new york city we met the family that held one of the winning tickets to the record-breaking $588 million powerball jackpot. cindy hill bought the ticket in dearborn, missouri, population 500, half hour north of kansas city but she held off on checking the numbers. >> i didn't find out until the next day after i took my daughter to school and i want by to sigh the numbers. i got back in the car and i didn't have my glasses and i was, like, anying is that the right number? is that the right number? i was shaking, i called my husband and i said i think i am having a heart attack. >>shepard: i want a divorce. her husband, a mechanic, said he needed to seat winning ticket. who wouldn't? they live in the show me state and the six-year-old daughter says she wants a pony. >> remember early this year a woman in maryland claimed she won part of a record-breaking mega millions jackpot and appears
he is bringing early holiday cheer to super storm sandy victims. that is ahead unless breaking news changes everything. this is "studio b." first from fox at 3:00 in new york city we met the family that held one of the winning tickets to the record-breaking $588 million powerball jackpot. cindy hill bought the ticket in dearborn, missouri, population 500, half hour north of kansas city but she held off on checking the numbers. >> i didn't find out until the next day after i took...
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Nov 30, 2012
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and they believe just an incremental rise in the ocean levels made the damage worse when hurricane sandy hit the east coast and took so much away from us. the big question is the future, of course, and a new kind of normal for all of those living along the water. it is where we begin tonight, our chief environmental affairs correspondent, anne thompson has more on what we learned. >> reporter: well, the information comes from a group of international scientists, brian and shows we're living climate changes in real time. this july was the warmest month on record. and tonight, there is new information that reveals just how fast the world's ice sheets are melting. the numbers are staggering. 344 billion metric tons of ice melting in antarctica and greenland a year. the weight of more than a million empire state buildings, the information was published in the journal, from researchers who looked at the data gathered over the last 20 years. creating what they say is the most accurate picture of melting. in antarctica, the east region is gaining ice, but it is not enough to make up for the los
and they believe just an incremental rise in the ocean levels made the damage worse when hurricane sandy hit the east coast and took so much away from us. the big question is the future, of course, and a new kind of normal for all of those living along the water. it is where we begin tonight, our chief environmental affairs correspondent, anne thompson has more on what we learned. >> reporter: well, the information comes from a group of international scientists, brian and shows we're...
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Nov 30, 2012
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an exclusive look here at lady liberty after superstorm sandy. >> we have a packed show ahead. steny hoyer, harvard economics pro-presser ken rogoff. russell simmons, former presidential candidate jon huntsman and good samaritan larry deprimo. >> gave the boots to the homeless man. we're going to get the whole back story there. it is friday, november 30th. tgif. to you and you as well. "starting point" begins right now. >>> your elected officials trading insults, playing the blame game here as the clock is winding down on the fiscal cliff. keep in mind time is a-wasting. in 32 days now tax rates soar, spending gets slashed. oh, and don't forget, congress, yeah, they get to take a break for the holidays in 14 days. a recipe for recession. the president is pitching a plan that calls for $1.6 trillion in tax heights and $50 billion in new infrastructure spending. he'll head to a manufacturing plant in pennsylvania to push all this. republicans aren't buying in. listen to house speaker john boehner's reaction. >> despite the claims that the president supports a balanced approach, t
an exclusive look here at lady liberty after superstorm sandy. >> we have a packed show ahead. steny hoyer, harvard economics pro-presser ken rogoff. russell simmons, former presidential candidate jon huntsman and good samaritan larry deprimo. >> gave the boots to the homeless man. we're going to get the whole back story there. it is friday, november 30th. tgif. to you and you as well. "starting point" begins right now. >>> your elected officials trading insults,...
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Nov 30, 2012
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it has been more than a month since hurricane sandy devastated the community. many residents were sleeping in their cars and braving the temperatures here. we have more from a fox affiliate wnyw. reporter: scott mcgrath, his anger was clear. he was one of many people at this packed meeting. a meeting that quickly became a shouting match. [cheers] [inaudible conversations] reporter: the president who organized the meeting tried to keep order. it was supposed to ask questions written on cards. but that changed when people shouted from the floor, frustrated that the questions were not being answered. >> the air quality is bad and what can you do about it? >> this gentleman has been living in a tent. it was set up by the midland avenue neighborhood believed. >> we cannot go anywhere. i don't know what's going on or. reporter: nakoula the same question. she said that her new home with the story that. >> our communities are helping. red cross comes by. we help each other. that's what we want to do, but we need your support, sir. reporter: the new york city officials
it has been more than a month since hurricane sandy devastated the community. many residents were sleeping in their cars and braving the temperatures here. we have more from a fox affiliate wnyw. reporter: scott mcgrath, his anger was clear. he was one of many people at this packed meeting. a meeting that quickly became a shouting match. [cheers] [inaudible conversations] reporter: the president who organized the meeting tried to keep order. it was supposed to ask questions written on cards....
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Nov 30, 2012
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one of the reasons was superstorm sandy affected business. so they're off to a slow start for the current quarter. as for the third quarter just wrapped up, really solid numbers. profits rose by 57% in q3. they raised their numbers for the full year but genesco obviously a big loser today. back to you. melissa: thanks so much, lauren. lori: president obama finally lit up his plan for avoiding the fiscal cliff. melissa is fully in favor of it. but republicans are not taking the bait. peter barnes is with us in d.c.. >> speakser boehner was back out in front ever the cameras the last hour splam slamming the president's proposal yet again but willing to move forward in good faith to reach a deal to avoid the fiscal cliff. >> there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult but if you watched me over the last three weeks i've been very guarded what i have to say. i don't want to make it harder for me or the president or members of both parties to be able to find common ground. >> as you recall the president
one of the reasons was superstorm sandy affected business. so they're off to a slow start for the current quarter. as for the third quarter just wrapped up, really solid numbers. profits rose by 57% in q3. they raised their numbers for the full year but genesco obviously a big loser today. back to you. melissa: thanks so much, lauren. lori: president obama finally lit up his plan for avoiding the fiscal cliff. melissa is fully in favor of it. but republicans are not taking the bait. peter...
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Nov 30, 2012
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on october 31st. >> that goes back to blame the sandy. we know we'll see a lot more of that. super value is a great story. all you have to do is look at the sales decline of this company. you wonder what the buyers are really looking at here when they look at the debt, combined with the sales and earnings decline, it is so enormous, just go look at a chart of it and you'll wonder what these guys are seeing. >> i remember a number of years ago before i joined cnbc, i was at another network and i went po minneapolis and met with the then-ceo of super value right after they did this deal. because they were a distributor and a wholesaler. then they bought cub foods and they got more into the retail game, changed their game, spending a lot, borrowing a lot, their debt rating was junk. he seemed very confident. he's gone now. >> i wonder how it lost its way in such a grand way. new until you see the numbers you don't realize how bad it is. >> do you think there's another lesson here because super value should be perceived as a "safe" company gi
on october 31st. >> that goes back to blame the sandy. we know we'll see a lot more of that. super value is a great story. all you have to do is look at the sales decline of this company. you wonder what the buyers are really looking at here when they look at the debt, combined with the sales and earnings decline, it is so enormous, just go look at a chart of it and you'll wonder what these guys are seeing. >> i remember a number of years ago before i joined cnbc, i was at another...
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Nov 30, 2012
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superstorm sandy caused billions of dollars worth of damage. president obama promised to help but presidents of staten island, new york city are not getting it. elizabeth macdonald has been reporting from that area since sandy hit, even volunteering her time to help the recovery. we get a reaction to this in just a moment. looked at this. >> i guess you don't want to have to be. >> we are totally lost. we cannot go nowhere. i don't know what is going on here. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. but when i was in an accident... break from the holiday stress. i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. at's health in numbers. unitedhealthcare. >> going around in circles, everyone of these people here -- >> [shouting] stuart: clearly angry residents in
superstorm sandy caused billions of dollars worth of damage. president obama promised to help but presidents of staten island, new york city are not getting it. elizabeth macdonald has been reporting from that area since sandy hit, even volunteering her time to help the recovery. we get a reaction to this in just a moment. looked at this. >> i guess you don't want to have to be. >> we are totally lost. we cannot go nowhere. i don't know what is going on here. that's right. i've...
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Nov 30, 2012
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these numbers were thrown off by sandy. at this point i think wall street is easing into friday. chris, back to you. >> maybe they're just happy it's friday, becky. >> reporter: i am. >>> well, it didn't take long for republicans to reject the president's proposed solution to the fiscal cliff crisis. now harry reid says it's the republicans turn to put out their own plan. with me now tennessee republican congresswoman diane black who is a member of both the budget and ways and means committees. congresswoman, thank you for joining me. we had some reporting earlier that said don't expect any public counter prproposal from republicans. can i ask you why not? >> well, i think, chris, that you can just look at what we did before the election. actually the medicare is what we put the plan out for and we also have a plan out there to avert the fiscal cliff and sequestration. our plans are already there. and we're just waiting for the president to come out with a plan. everything we're hearing is so one-sided. it's all about taxes and now he's telling us he wants to spend $1.6 trillion
these numbers were thrown off by sandy. at this point i think wall street is easing into friday. chris, back to you. >> maybe they're just happy it's friday, becky. >> reporter: i am. >>> well, it didn't take long for republicans to reject the president's proposed solution to the fiscal cliff crisis. now harry reid says it's the republicans turn to put out their own plan. with me now tennessee republican congresswoman diane black who is a member of both the budget and ways...
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second straight drop after a super storm sandy caused a spike in claims across the northeastern united states. the storm also caused big headaches for major retailers according to folks at master card who track spending sandy kept shoppers in hard hit areas from spending estimated $4 billion in stores. today big name chains macy's targeting and kohl's weak sales in november. came despite strong black friday sales which many started on thanksgiving day itself. you have probably heard that the maker of twinkies is about to go belly up. the company wants to pay a number of high level executives nearly $2 million in bonuses. that's despite the fact that 18,000 employees are about to be out of work. you will recall hostess brands decided to shut down operations earlier this month it. it makes wonder bread, who he who hes. dingdongs. bakers union gone on strike over salary and benefit cuts. the union claims years of mismanagement ran the company into the ground. $1.8 million in bonus money wouldn't have saved the money from bankruptcy far from it but it's still a lot of mud in the eye for al
second straight drop after a super storm sandy caused a spike in claims across the northeastern united states. the storm also caused big headaches for major retailers according to folks at master card who track spending sandy kept shoppers in hard hit areas from spending estimated $4 billion in stores. today big name chains macy's targeting and kohl's weak sales in november. came despite strong black friday sales which many started on thanksgiving day itself. you have probably heard that the...
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important because the melting is causing sea levels to rise, and that makes coastal storms, say superstorm sandy, worse because of the massive flooding that's caused. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a long time. [ shirley ] things are sometimes a little tight around the house. i wasn't able to go to the wedding. [ emily jo ] since derrell couldn't get home, we decided to bring home to him and then just gave him a little bit of help finding his way. ♪ [ laughs ] [ applause ] i love you. i love you, too. >>> to politics now where u.n. ambassador susan rice is not just under fire over what she said about benghazi. now "the washington post" states her and her husband do business in iran. $50,000 is in royal dutch shell, an oil company that stopped buying from iran thi
important because the melting is causing sea levels to rise, and that makes coastal storms, say superstorm sandy, worse because of the massive flooding that's caused. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. with his wife, danielle, almost every weekend. derrell hasn't been...
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. >>> in new york as much as a million dollars in wasted funds as the city recovers from superstorm sandy. "the wall street journal" reporting that scores of hotel rooms paid for with public money have been vacant for weeks. they were supposed to house residents displaced by the superstorm but those rooms are unoccupied. more than 1,000 people are still homeless a month after the storm hit the east coast. >>> and the newark, new jersey, mayor, accepted a challenge to live on food stamps has a starting date. beginning this december, tuesday, mayor cory booker, will live on just food stamps for a week. he accepted the challenge earlier in the month from one of his twitter followers. >>> an illegal drug may just hold a key to successfully treating posttramatic distress disorder. our dr. sanjay gupta has exclusive access. [ female announcer ] imagine skin so healthy, it never gets dry again. can your moisturizer do that? [ female announcer ] dermatologist recommended aveeno has an oat formula, now proven to build a moisture reserve, so skin can replenish itself. that's healthy skin for life.
. >>> in new york as much as a million dollars in wasted funds as the city recovers from superstorm sandy. "the wall street journal" reporting that scores of hotel rooms paid for with public money have been vacant for weeks. they were supposed to house residents displaced by the superstorm but those rooms are unoccupied. more than 1,000 people are still homeless a month after the storm hit the east coast. >>> and the newark, new jersey, mayor, accepted a challenge to...
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support helps keep programs like ours on the air.rd program lost thousands of books after hurricane sandy last month. >> brown: finally tonight, the college football season is reaching a climax of rivalries and conference championship games and its basketball season is now underway. but much of the action in college sports these days is away from the field or the court, as schools change affiliations and leagues. in the last 18 months some 30 colleges have made moves. among the most prominent, the university of louisville's departure from the big east to join the atlantic coast conference or a.c.c. and two eastern schools headed to the big ten, traditionally a midwest-based conference: the university of maryland is leaving the a.c.c. and rutgers is departing from the big east. what's going on? sportswriter and author john feinstein joins me now. john, first of all, for the uninitiated, explain the role of these conferences traditionally. how do they work and how do they divide up the college world? >> well, jeff, conferences were designed initially to take schools that were together geogr
support helps keep programs like ours on the air.rd program lost thousands of books after hurricane sandy last month. >> brown: finally tonight, the college football season is reaching a climax of rivalries and conference championship games and its basketball season is now underway. but much of the action in college sports these days is away from the field or the court, as schools change affiliations and leagues. in the last 18 months some 30 colleges have made moves. among the most...
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lastly, obviously all of us know that sandy visited the -- hurricane sandy visited extraordinary damage on a large portion of the northeast. i come from maryland and we were not very substantially damaged but obviously new jersey, new york, and connecticut in particular, can the gentleman tell me, i know the administration has -- administration has not come down with a number that number i presume will be well north of $50 billion, but this is one of , in terms of the estimates being made, one of the five most damaging storms to hit the coast of the united states of america. i'm wondering whether or not the gentleman might have in mind doing some interim at a figure substantially below what we know will be the ultimate figure and in the next three weeks before christmas and then could the gentleman tell me whether or not if we can do that, whether or not the gentleman would require that it be offset and i yield to my friend. mr. cantor: madam speaker, i tell my friend that the best policy is to rely on the administration and fema to come up with the most accurate prediction of what the
lastly, obviously all of us know that sandy visited the -- hurricane sandy visited extraordinary damage on a large portion of the northeast. i come from maryland and we were not very substantially damaged but obviously new jersey, new york, and connecticut in particular, can the gentleman tell me, i know the administration has -- administration has not come down with a number that number i presume will be well north of $50 billion, but this is one of , in terms of the estimates being made, one...
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they did site sandy. what is interesting about the action, down about 7% is what the analysts are saying. credit suisse reduced their price target from 25 to $23 and say neutral but carries and company retains their buy rating with a $47 price tarpgt they took it down to 40. so obviously they still see huge upside in this company even though it's down 6.5% and their guidance is down. back to you. >> all right. thanks so much. let's get to rick santelli in chicago. he is in the pits of the cme with jim bianco. rick? >> absolutely. always an interesting guest. welcome, jim. i guess let's start out, you know, if i go back to october 26th when gdp from third quarter had its flash and it was 2%, the market was down close to ten basis points. they weren't satisfied with it even though it was better than everybody thought. so yesterday we get an upgrade to 2.7 and what happens? the market doesn't do anything to the down side reflecting that strength. so i think the market is smart. what do you think? >> i do too
they did site sandy. what is interesting about the action, down about 7% is what the analysts are saying. credit suisse reduced their price target from 25 to $23 and say neutral but carries and company retains their buy rating with a $47 price tarpgt they took it down to 40. so obviously they still see huge upside in this company even though it's down 6.5% and their guidance is down. back to you. >> all right. thanks so much. let's get to rick santelli in chicago. he is in the pits of the...
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and these are people who say staten island looks the same now as it did a few days after sandy. what is fema doing right there now? where is the money going? >> we have a lot of people on the ground in staten island and, first and foremost, you know, people -- you know, this storm hurt a lot of people. they have a right to be angry about that. but the important thing is to realize that we're there, and we're not leaving until we get it done. we have put into the community, into the new york community over $718 million in 30 days. we're getting the money to the people. but it's not enough. we have got to do more. we have got to continue to work with them. >> well, i think absolutely. i think most people would agree with that. the people at these meetings, at this meeting, they jeered when promised air quality is safe. you heard it in the story there. and we're hearing reports of breathing problems and skin irritations. how is fema addressing the health concerns? >> well, we work with the local officials, with the city health department, the state department of health and we'll br
and these are people who say staten island looks the same now as it did a few days after sandy. what is fema doing right there now? where is the money going? >> we have a lot of people on the ground in staten island and, first and foremost, you know, people -- you know, this storm hurt a lot of people. they have a right to be angry about that. but the important thing is to realize that we're there, and we're not leaving until we get it done. we have put into the community, into the new...
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handing out $100 bills to people suffering from super storm sandy, calling himself a secret santa. the businessman plans to give out $100,000 in new york and new jersey. god bless him. >>> and nypd police officer hair re deprimo is getting a lot of attention for all good reasons for buying a homeless man a pair of boots. he was on the "today" show this morning. >> the two things that stick out in my mind that night, how cold it was and this was the most polite gentleman i had met and i had to help him. >> after another week of budget negotiations, the message to the nation seems to be we are stuck at square one and that is one of the problems for the obama administration. joining me here in the studio is mark landher white house correspondent for "the new york times." margaret carlson for the bloomberg view and national correspondent chris. thank you very much for being with us. we could use officer deprimo to solve some of the budget problems, christmas spirit and the powerball couple from missouri, amazing couple who one was laid off, the other just finally got a job and now they
handing out $100 bills to people suffering from super storm sandy, calling himself a secret santa. the businessman plans to give out $100,000 in new york and new jersey. god bless him. >>> and nypd police officer hair re deprimo is getting a lot of attention for all good reasons for buying a homeless man a pair of boots. he was on the "today" show this morning. >> the two things that stick out in my mind that night, how cold it was and this was the most polite gentleman...
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and a lot of companies were saying it was just superstorm sandy. it shut down the stores in some cases or kept consumers at bay. how do you think we will fare to the holidays? >> yesterday was big day for retail. those that roar yesterday, genuinely speaking had poor numbers. we knew it was the hurricane. we knew it would be weak. you know. it was supposed to be adjusted in the expectations. numbers came in way below expectations. some of the stocks got hammered, macy's, kohl's. we are trying to make sense of what that means. we when you go through each retailer in the numbers, really the first half -- businesses really slowed. first two weeks. anything we think of, not the hurricane itself. must have been the concern, you know, about the hurricane and people watching tv. people focused on that. also, you know, with the election people focused on that. you know. so the first two weeks are weak. last two weeks seem to come back and be fairly decent. >> so you think that for the holiday shopping season, that the -- better trend will continue? where d
and a lot of companies were saying it was just superstorm sandy. it shut down the stores in some cases or kept consumers at bay. how do you think we will fare to the holidays? >> yesterday was big day for retail. those that roar yesterday, genuinely speaking had poor numbers. we knew it was the hurricane. we knew it would be weak. you know. it was supposed to be adjusted in the expectations. numbers came in way below expectations. some of the stocks got hammered, macy's, kohl's. we are...
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these are victims of superstorm sandy. why they are mad and who they are demanding answers from now. melissa: you sit there. you guys are a joke. you guys are a joke. you go home for the holidays. i don't. but you sit there with a smug smile. you know what i wish it was election, it if it was election time you would be worried about the election and not about the people. time to get up and fight for the people. [applause] , remember -- you can stay in and like something... or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. bill: well the tempers, they certainly flared. this town hall meeting for hurricane super sandy victims in staten island, new york. that room packed with several hundred people. they all lost th
these are victims of superstorm sandy. why they are mad and who they are demanding answers from now. melissa: you sit there. you guys are a joke. you guys are a joke. you go home for the holidays. i don't. but you sit there with a smug smile. you know what i wish it was election, it if it was election time you would be worried about the election and not about the people. time to get up and fight for the people. [applause] , remember -- you can stay in and like something... or you can get out...
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and outrage as victims of sandy discover there are places for them to stay, but nobody told them. >>> as a burn survivor, you think you're all alone. you think you're the only person that has scars on your face or has, you know, skin graphs on your hands. we all have a story. i joined the united states army in 2002 and deployed to iraq. i was driving a humvee and when my friend went over a land mine i was in a medically induced coma. by the time i came out third degree burns on my head, face, arms, hands, portion of my back, portion of my legs. while i was recovering, i remember asking one of the social workers how can i help burn survivors. she said there's a great organization called the phoenix society. they're teaching them different ways to kind of cope. i went to this conference. everyone had big smiles on their face. i made a choice i was going to be positive every single day. and i'm using this positivity to give back to other people. >> please welcome a former u.s. army soldier and ins frags i prags to all of us and i hear he's a good dancer, j.r. martinez. >> i got involved
and outrage as victims of sandy discover there are places for them to stay, but nobody told them. >>> as a burn survivor, you think you're all alone. you think you're the only person that has scars on your face or has, you know, skin graphs on your hands. we all have a story. i joined the united states army in 2002 and deployed to iraq. i was driving a humvee and when my friend went over a land mine i was in a medically induced coma. by the time i came out third degree burns on my...
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they lost everything in superstorm sandy. now people in staten island are getting major boost. a secret santa visiting them and handing out hundred dollar bills. more on that coming up. >>> also an anchor over on msnbc portraying senator john mccain as a racist for his criticism of u.n. ambassador susan rice. our news watch team, judith miller and kirsten powers, next with more thoughts on that. jenna: there it is, sorry about that. we're getting breaking news out of casper, wyoming, there's a community college there, casper college, and the lotters indicate that -- reports indicate there was a shooting on campus. one dead, one wounded according to local reports. a college spokesperson saying at the time that he believes, according to what from police, that the shooter is dead. we're still trying to work out, again, some of these new reports just into the newsroom of one dead, one wounded at this community college in casper, wyoming. as we hear more, we will bring you this breaking news. jon? jon: new questions out there, jenna, about racism after a television anchor goes on a
they lost everything in superstorm sandy. now people in staten island are getting major boost. a secret santa visiting them and handing out hundred dollar bills. more on that coming up. >>> also an anchor over on msnbc portraying senator john mccain as a racist for his criticism of u.n. ambassador susan rice. our news watch team, judith miller and kirsten powers, next with more thoughts on that. jenna: there it is, sorry about that. we're getting breaking news out of casper, wyoming,...
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we also provided about 40,000 toys to the victims of hurricane sandy. >> we forget how much they lost. >> thank you. we really appreciate it. you can also contribute to the toy drive in person here on the plaza or check our website and we'll give you more info. >>> next monday, a couple of hunks will be here, michael buble and curtis stone. >> yes, yes, yes. >> and another member to our joy fit club. so much fun happening. >> see you all at "scandalous." >> yes, indeed. bye. [ crickets chirping ] [ traffic passing ] ♪ [ music box: lullaby ] [ man on tv, indistinct ] ♪ [ lullaby continues ] [ baby coos ] [ man announcing ] millions are still exposed to the dangers... of secondhand smoke... and some of them can't do anything about it. ♪ [ continues ] [ gasping ] >>> right now at 11:00, just as advertised, the bay area is hit hard by the wind and that rain. flooding flight delays and major power outages even on bay area br
we also provided about 40,000 toys to the victims of hurricane sandy. >> we forget how much they lost. >> thank you. we really appreciate it. you can also contribute to the toy drive in person here on the plaza or check our website and we'll give you more info. >>> next monday, a couple of hunks will be here, michael buble and curtis stone. >> yes, yes, yes. >> and another member to our joy fit club. so much fun happening. >> see you all at...